competition 2

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Transcript of competition 2

COMPETITION On July 2, 1962 Sam Walton opened the first Walmart in Arkansas.The 25th anniversity was in 1987, which then Walmart had 1,198 stores thorughtout the United States,had $15.9 billion in sales,and had 200,00 employees. http://en.wikipedia.org/wiki/Walmart In 2002,Kmart filed for Chapter 11 bankruptcy.(premits reorganization under the bankruptcy laws of the United States)In 2010-Kmart opened 1,327 stores across 49 states including Guam, Puerto Rico, etc.http://en.wikipedia.org/wiki/Kmarthttp://en.wikipedia.org/wiki/Chapter_11 In 1991,the Blue Light Special disappeared due to customer habits and misuse of the time management and supplies. In 1994,Kmart closed 110 stores.http://en.wikipedia.org/wiki/Chapter_11 WALMART(WALLY WORLD) KMART rivaly among sellers of the same or similar products, in which each seller tires to gain a larger share of a market and to increase profits In 2007,Walmart failed to order China made t-shirts, they averaged in $14 a shirt and were available in 12 colors.3,443 of the Walmart stores remained in short supply.http://www.businessweek.com/magazine/content/07_18/b4032001.htm